VCSY: At the Epicenter of the New Truly Global Internet Revolution

Vertical Computer Systems: OTC BB: VCSY and Ross Systems, Inc: NASDAQ: ROSS



Apr 23, 2001, 01:00 ET from Global News Network

    LONDON, April 23 /PRNewswire/ -- This is a Global News Network Report on
 Vertical Computer Systems (OTC Bulletin Board:   VCSY):
 
     Global News Network is currently doing a series of reports on companies
 with emerging technologies, which have the potential of having an impact on
 global communication and the global economy.  This report is available in
 English, French, Spanish, German, Chinese, Portuguese, Japanese, Hindi and
 Italian, for international distribution.
     With the final integration of the Vertical Computer Systems (VCSY)
 technologies into its family of international websites, the recent investment
 of $11,000,000 from Avenel Financial Group and its new Business Partnership
 with IBM, VCSY has rapidly and aggressively developed the technologies and
 alliances to create an entire Internet world of multilingual websites.  The
 mother website, http://www.theworldbridge.com/, seamlessly connects with
 http://www.theusbridge.com/, http://www.thechinabridge.com/,
 www.theBrazilBridge.com and http://www.theindiabridge.com/, which are designed
 to connect with the bridges of all the other countries VCSY currently has in
 development, accessing the literally billions of untapped potential customers
 globally by bridging the language gap in international communication and
 commerce.  (VCSY company website - http://www.vcsy.com/.)
     Realizing that the Internet is really only in its infancy, VCSY has
 actively moved forward to create a network of bridges across the world to
 connect with the untapped billions of potential Internet clients, who do not
 speak English as their primary language (almost all Web content is still
 currently only in English).  In addition, VCSY has just completed an
 all-American acquisition of website domains for all fifty states, to exploit
 the pre-existing Internet clientele, with the same company name recognition as
 they have for the rest of the world, for example: theTexasBridge.com and
 theCaliforniaBridge.com.
     The websites include a world of topics and entertainment -- all able to be
 viewed online in the native language specific to each country with news and
 topics relevant to their interests.  All the products sold on the sites will
 be able to be purchased by major credit card or VCSY's websites' Apollo Smart
 Card with enhanced security and convenience.  The Apollo Smart Card is being
 developed under the management of Jerome Svigals, who, in recognition for his
 work at IBM, became known as "the father of the magnetic stripe card."
     With the Star Trek style technology from Webbe, Inc, VCSY websites also
 allow for real-time communication from one language to the other.  Maximizing
 international communication between the websites for each country and
 attracting the general population with the fascination and intrigue of being
 able to communicate with other people from other cultures with an online,
 real-time electronic interpreter.  The words are translated instantly as the
 user types his or her language into the computer; and as VCSY uses Webbe's
 eNote real-time technology, the email on the VCSY sites is faster than
 traditional email.  And for those who wish to speak by telephone, VCSY has
 integrated Net2phone to allow voice telephone communication to anywhere in the
 world with the click of a mouse, with no service charge and savings up to 95%
 off traditional long distance charges.
     VCSY has built the next generation of portals and search engines on the
 Internet with the ability to access and connect multilingual, multinational
 markets, which have been heretofore neglected.  As stated by Peter Schott,
 President of Avenel Alliance, "The ability to access and connect
 multi-national markets, with e-commerce and multilingual capabilities is where
 every portal and search engine is heading.  Vertical Computer Systems, Inc.,
 (VCSY), has a significant head start on the rest of the field."
     One of the cornerstone VCSY technologies is VCSY's Emily(TM), a powerful
 interpreter, offering a multi-platform scripting language to intercommunicate
 with HTML, XML or HTTP data and SMTP, SYSLOG and SQL databases.  Emily is
 tailored for the construction of intelligent, dynamic websites with greater
 ease of use, universal communication and faster speeds.  For further
 information on Emily(TM) visit VCSY's website at
 http://www.emilysolutions.com/.
     Three months ago, VCSY formed an alliance with iNetPurchasing, Inc., the
 leader in Internet-based government purchasing services, to take advantage of
 the estimated three billion dollar a year global e-procurement service
 industry in the public sector by replacing the huge waste in paper-bound
 ordering systems with iNetPurchasing's e-procurement expertise and VCSY's
 multifaceted Emily(TM) technologies.  To maximize profitability in this area,
 VCSY has just recently purchased a majority interest in HRIS/PAYROLL services
 from Ross Systems, Inc. (Nasdaq:   ROSS).  Industry analysts estimate that the
 overall e-procurement industry will increase from the approximately
 235 billion a year levels of the year 2000 to 3.5 trillion by the end of 2001
 - over a thousand percent increase in market potential in the e-procurement
 sector alone.  E-procurement being only one of several uses for the Emily
 technologies.
     Within the next two years, 70% of all buying and selling will take place
 in electronic marketplaces as e-procurement equates to the same net effect on
 operating profit as a 12% increase in sales or a 42% reduction in labor costs.
     The development of Emily will be an important component in the new
 Internet growth community and is one of the most significant reasons IBM has
 decided to establish a business partnership with VCSY.  Emily can construct
 complex systems dealing with the Web that would otherwise be cost prohibitive
 and interpret disparate programs and methods so that different computing
 systems from around the globe can now quickly and cohesively share database
 information.  VCSY's Emily easily bridges the gap between data formats,
 effectively exchanging information between the many different programs within
 the Global Internet economy with incredible speed and ease.  Emily is also
 extremely simple to install -- typically up and running within minutes.
     Emily can rapidly and effectively increase an organization's efficiency
 and profitability and do so on an international scale.  And due to the
 extremely low cost of Emily, it will open up the Internet markets to a whole
 new generation of Internet entrepreneurs.
     As one example of Emily's efficiency, on VCSY's website,
 http://www.globalfare.com/, powered by Emily, Globalfare accepts customer
 requests for fare comparisons and simultaneously searches both published and
 discount fares databases worldwide -- eliminating the time and frustration of
 visiting multiple travel websites and allowing the customer to quickly access
 the highest quality at the best prices.
     With each of VCSY's international websites, VCSY establishes strategic
 partnerships in each country to create a rapid regional and local acceptance.
 VCSY's partnership in India with tennis star Vijay Amritraj, President of
 First Serve Entertainment (FSE), who has already successfully launched the
 entry of Columbia TriStar International, Turner International, and ESPN into
 his country, paid off in a monumental coup when Vijay Amritraj was honored by
 the United Nations as the 8th person to ever to be appointed the United
 Nations Messenger of Peace only three months after the announcement of the
 official launch of theIndiaBridge.com.  Vijay Amritraj now joins with
 seven other special representatives of the Secretary-General, including
 Muhammad Ali and Luciano Pavarotti, to help focus attention on the work of the
 United Nations.
     In consideration of all VCSY technologies, global portals, alliances and
 its recent business partnership with IBM
 (http://www.ibm.com/framework/innovations), it can clearly be understood why
 Wall Street West stated in its year 2000 report that they "think VCSY holds
 huge potential as an Internet Superstock for the new millennium."
     VCSY has just begun its media blitz in 17 major markets as of Jan. 22,
 2001, and plans to aggressively move forward with technology and management to
 establish a new generation of international Web commerce in all areas of
 business, communication, finance and entertainment.
 
     Safe Harbor: Certain statements in this release contain forward-looking
 statements within the meaning of Section 27A of the US Securities Act of 1933
 and Section 21E of the Securities and Exchange Act of 1934, and as
 contemplated under the Private Securities Litigation Reform Act of 1995, and
 are subject to the safe harbor created by those sections.  These statements,
 other than statements of fact, are subject to a number of uncertainties and
 risks that could cause actual results to differ materially from those
 described in the forward-looking statements.  Factors that may cause such a
 difference include, but are not limited to, competition from other portals,
 the company's ability to integrate and market the Emily(TM) software, the
 market reception to Vertical Computer Systems new products, the potential
 benefits to the customers, the conversion of sales leads into customers and
 the ramp-up of ASP users and other factors over which VCSY may have little or
 no control such as those described in the Company's filings with the SEC.
 This report is not a solicitation to buy or sell stocks.  This report is an
 editorial statement of publicly available information available on the
 Internet and the featured company's websites.  Global News Network is a news
 dissemination service and does not purchase or sell or own any stocks in any
 publicly traded companies as a matter of company policy.  Global News Network
 does not accept compensation from companies featured in Global
 News Network Reports.  Anyone or any company doing work for or associated with
 Global News Network in any way may or may not own stocks in any publicly
 traded companies including the company or companies featured in this article.
 Global News Network is currently preparing a website which will be dedicated
 to new and developing technologies and the companies who develop and create
 these technologies.  Revenues will be generated by traditional advertisement,
 affiliate and membership fees.  A prototype of the Global News website will be
 broadcast on the Internet at www.GNNglobalnews.com and
 www.GlobalNewsNetwork.co.uk by May 21, 2001.   A fully functioning display of
 the website is scheduled for a January 1, 2002, premiere.
 
 

SOURCE Global News Network
    LONDON, April 23 /PRNewswire/ -- This is a Global News Network Report on
 Vertical Computer Systems (OTC Bulletin Board:   VCSY):
 
     Global News Network is currently doing a series of reports on companies
 with emerging technologies, which have the potential of having an impact on
 global communication and the global economy.  This report is available in
 English, French, Spanish, German, Chinese, Portuguese, Japanese, Hindi and
 Italian, for international distribution.
     With the final integration of the Vertical Computer Systems (VCSY)
 technologies into its family of international websites, the recent investment
 of $11,000,000 from Avenel Financial Group and its new Business Partnership
 with IBM, VCSY has rapidly and aggressively developed the technologies and
 alliances to create an entire Internet world of multilingual websites.  The
 mother website, http://www.theworldbridge.com/, seamlessly connects with
 http://www.theusbridge.com/, http://www.thechinabridge.com/,
 www.theBrazilBridge.com and http://www.theindiabridge.com/, which are designed
 to connect with the bridges of all the other countries VCSY currently has in
 development, accessing the literally billions of untapped potential customers
 globally by bridging the language gap in international communication and
 commerce.  (VCSY company website - http://www.vcsy.com/.)
     Realizing that the Internet is really only in its infancy, VCSY has
 actively moved forward to create a network of bridges across the world to
 connect with the untapped billions of potential Internet clients, who do not
 speak English as their primary language (almost all Web content is still
 currently only in English).  In addition, VCSY has just completed an
 all-American acquisition of website domains for all fifty states, to exploit
 the pre-existing Internet clientele, with the same company name recognition as
 they have for the rest of the world, for example: theTexasBridge.com and
 theCaliforniaBridge.com.
     The websites include a world of topics and entertainment -- all able to be
 viewed online in the native language specific to each country with news and
 topics relevant to their interests.  All the products sold on the sites will
 be able to be purchased by major credit card or VCSY's websites' Apollo Smart
 Card with enhanced security and convenience.  The Apollo Smart Card is being
 developed under the management of Jerome Svigals, who, in recognition for his
 work at IBM, became known as "the father of the magnetic stripe card."
     With the Star Trek style technology from Webbe, Inc, VCSY websites also
 allow for real-time communication from one language to the other.  Maximizing
 international communication between the websites for each country and
 attracting the general population with the fascination and intrigue of being
 able to communicate with other people from other cultures with an online,
 real-time electronic interpreter.  The words are translated instantly as the
 user types his or her language into the computer; and as VCSY uses Webbe's
 eNote real-time technology, the email on the VCSY sites is faster than
 traditional email.  And for those who wish to speak by telephone, VCSY has
 integrated Net2phone to allow voice telephone communication to anywhere in the
 world with the click of a mouse, with no service charge and savings up to 95%
 off traditional long distance charges.
     VCSY has built the next generation of portals and search engines on the
 Internet with the ability to access and connect multilingual, multinational
 markets, which have been heretofore neglected.  As stated by Peter Schott,
 President of Avenel Alliance, "The ability to access and connect
 multi-national markets, with e-commerce and multilingual capabilities is where
 every portal and search engine is heading.  Vertical Computer Systems, Inc.,
 (VCSY), has a significant head start on the rest of the field."
     One of the cornerstone VCSY technologies is VCSY's Emily(TM), a powerful
 interpreter, offering a multi-platform scripting language to intercommunicate
 with HTML, XML or HTTP data and SMTP, SYSLOG and SQL databases.  Emily is
 tailored for the construction of intelligent, dynamic websites with greater
 ease of use, universal communication and faster speeds.  For further
 information on Emily(TM) visit VCSY's website at
 http://www.emilysolutions.com/.
     Three months ago, VCSY formed an alliance with iNetPurchasing, Inc., the
 leader in Internet-based government purchasing services, to take advantage of
 the estimated three billion dollar a year global e-procurement service
 industry in the public sector by replacing the huge waste in paper-bound
 ordering systems with iNetPurchasing's e-procurement expertise and VCSY's
 multifaceted Emily(TM) technologies.  To maximize profitability in this area,
 VCSY has just recently purchased a majority interest in HRIS/PAYROLL services
 from Ross Systems, Inc. (Nasdaq:   ROSS).  Industry analysts estimate that the
 overall e-procurement industry will increase from the approximately
 235 billion a year levels of the year 2000 to 3.5 trillion by the end of 2001
 - over a thousand percent increase in market potential in the e-procurement
 sector alone.  E-procurement being only one of several uses for the Emily
 technologies.
     Within the next two years, 70% of all buying and selling will take place
 in electronic marketplaces as e-procurement equates to the same net effect on
 operating profit as a 12% increase in sales or a 42% reduction in labor costs.
     The development of Emily will be an important component in the new
 Internet growth community and is one of the most significant reasons IBM has
 decided to establish a business partnership with VCSY.  Emily can construct
 complex systems dealing with the Web that would otherwise be cost prohibitive
 and interpret disparate programs and methods so that different computing
 systems from around the globe can now quickly and cohesively share database
 information.  VCSY's Emily easily bridges the gap between data formats,
 effectively exchanging information between the many different programs within
 the Global Internet economy with incredible speed and ease.  Emily is also
 extremely simple to install -- typically up and running within minutes.
     Emily can rapidly and effectively increase an organization's efficiency
 and profitability and do so on an international scale.  And due to the
 extremely low cost of Emily, it will open up the Internet markets to a whole
 new generation of Internet entrepreneurs.
     As one example of Emily's efficiency, on VCSY's website,
 http://www.globalfare.com/, powered by Emily, Globalfare accepts customer
 requests for fare comparisons and simultaneously searches both published and
 discount fares databases worldwide -- eliminating the time and frustration of
 visiting multiple travel websites and allowing the customer to quickly access
 the highest quality at the best prices.
     With each of VCSY's international websites, VCSY establishes strategic
 partnerships in each country to create a rapid regional and local acceptance.
 VCSY's partnership in India with tennis star Vijay Amritraj, President of
 First Serve Entertainment (FSE), who has already successfully launched the
 entry of Columbia TriStar International, Turner International, and ESPN into
 his country, paid off in a monumental coup when Vijay Amritraj was honored by
 the United Nations as the 8th person to ever to be appointed the United
 Nations Messenger of Peace only three months after the announcement of the
 official launch of theIndiaBridge.com.  Vijay Amritraj now joins with
 seven other special representatives of the Secretary-General, including
 Muhammad Ali and Luciano Pavarotti, to help focus attention on the work of the
 United Nations.
     In consideration of all VCSY technologies, global portals, alliances and
 its recent business partnership with IBM
 (http://www.ibm.com/framework/innovations), it can clearly be understood why
 Wall Street West stated in its year 2000 report that they "think VCSY holds
 huge potential as an Internet Superstock for the new millennium."
     VCSY has just begun its media blitz in 17 major markets as of Jan. 22,
 2001, and plans to aggressively move forward with technology and management to
 establish a new generation of international Web commerce in all areas of
 business, communication, finance and entertainment.
 
     Safe Harbor: Certain statements in this release contain forward-looking
 statements within the meaning of Section 27A of the US Securities Act of 1933
 and Section 21E of the Securities and Exchange Act of 1934, and as
 contemplated under the Private Securities Litigation Reform Act of 1995, and
 are subject to the safe harbor created by those sections.  These statements,
 other than statements of fact, are subject to a number of uncertainties and
 risks that could cause actual results to differ materially from those
 described in the forward-looking statements.  Factors that may cause such a
 difference include, but are not limited to, competition from other portals,
 the company's ability to integrate and market the Emily(TM) software, the
 market reception to Vertical Computer Systems new products, the potential
 benefits to the customers, the conversion of sales leads into customers and
 the ramp-up of ASP users and other factors over which VCSY may have little or
 no control such as those described in the Company's filings with the SEC.
 This report is not a solicitation to buy or sell stocks.  This report is an
 editorial statement of publicly available information available on the
 Internet and the featured company's websites.  Global News Network is a news
 dissemination service and does not purchase or sell or own any stocks in any
 publicly traded companies as a matter of company policy.  Global News Network
 does not accept compensation from companies featured in Global
 News Network Reports.  Anyone or any company doing work for or associated with
 Global News Network in any way may or may not own stocks in any publicly
 traded companies including the company or companies featured in this article.
 Global News Network is currently preparing a website which will be dedicated
 to new and developing technologies and the companies who develop and create
 these technologies.  Revenues will be generated by traditional advertisement,
 affiliate and membership fees.  A prototype of the Global News website will be
 broadcast on the Internet at www.GNNglobalnews.com and
 www.GlobalNewsNetwork.co.uk by May 21, 2001.   A fully functioning display of
 the website is scheduled for a January 1, 2002, premiere.
 
 SOURCE  Global News Network